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Amit Singh

Marvell Stock Sinks 35%, But Most Analysts Are Bullish on MRVL Ahead of Q2

Marvell Technology (MRVL) stock has pulled back after a significant rally, falling 35.6% from the 52-week high. Despite the sell-off, most analysts covering MRVL remain bullish ahead of its Q2 earnings release scheduled for Aug. 27.

Analysts’ optimism stems from solid customer demand for Marvell’s data center products and strong bookings that point to a multiyear growth cycle.

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